“Belle Vue”- Exclusive High-Yield Boarding House Investment

An exceptional opportunity to acquire two Victorian terraces operating as a 16-studio boarding house, strategically positioned in the heart of Paddington. Offered in one line across two separate titles, this fully self-contained asset delivers a high-yielding investment with strong rental demand and long-term capital growth potential.

Each of the 16 studios is fully furnished with a kitchenette, bathroom, and quality fittings, providing modern and functional living spaces. The property comprises 2 triple studios, 10 double studios, and 4 single studios across two levels. All studios come fully equipped with essential appliances and furnishings, including a fridge, microwave, and wall-mounted flat-screen TV.

The property features two communal courtyards, one with outdoor seating and BBQ facilities, as well as coin-operated laundries in each terrace.

Currently operated by a charity, the property offers a projected Gross Annual Rent (GAR) of approximately $390,000, based on market rates.

5 Oatley Road (158 sqm) operates as a Class 1B boarding house, while 7 Oatley Road (158 sqm) is Class 2 multi-residential, both under the Sydney Local Environmental Plan (LEP) 2012.

Located in a highly sought-after inner-city position, it is within walking distance of Oxford Street, Centennial Parklands, major sporting arenas, Paddington Markets, and UNSW Arts & Design Faculty. Convenient public transport options provide easy access to the CBD, Bondi Junction, and Sydney’s iconic beaches.

Opportunities of this calibre are rarely available. Enquire today to secure this high-performing asset in one of Sydney’s most prestigious locations.